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(OptoCircuit) Opto Circuit complete technical analysis [charts+indicators] | Buy/Sell Opto Circuit | (OptoCircuit) share price targets

Complete technical analysis of Opto Circuit (OptoCircuit) by charts plus indicators, forecast predictions and share price targets for Opto Circuit (OptoCircuit)

10 day averaged volume of Opto Circuit is 237715

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon May 2022	1.78	1.94	1.94	1.78	0.567 times
16 Mon May 2022	1.87	1.87	1.87	1.87	0.102 times
09 Mon May 2022	1.96	2.04	2.04	1.96	0.187 times
02 Mon May 2022	2.06	2.05	2.13	2.03	0.304 times
25 Mon Apr 2022	2.13	2.15	2.25	2.13	0.47 times
18 Mon Apr 2022	2.24	2.40	2.40	2.23	0.504 times
11 Mon Apr 2022	2.34	2.23	2.34	2.12	1.677 times
04 Mon Apr 2022	2.23	2.16	2.28	2.11	1.702 times
28 Mon Mar 2022	2.21	2.21	2.30	2.21	1.222 times
21 Mon Mar 2022	2.32	2.29	2.53	2.29	2.609 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.1, but if it comes above 2.1, then a intra day buy could be more profitable.
If you take a sell trade below 2.1, then use 2.1 as stoploss and 1.6 as target. However if you take a buy trade in stock , then use 2.1 as stoploss and 2.46 as target.

Share price targets for Opto Circuit (OptoCircuit)

Target Type	Value
Downside Target	1.78
Upside Target	1.87
Upside Target	1.94
Upside Target	2.03
Upside Target	2.11
Upside Target	2.21
Upside Target	2.25
Upside Target	2.36
Upside Target	2.40
Upside Target	2.53
Upside Target	2.66
Upside Target	3.15
Upside Target	3.28

Intraday share price targets for Opto Circuit (OptoCircuit)

Target Type	Value
Downside Intraday Target	1.73
Downside Intraday Target	1.67
Upside Intraday Target	1.89
Upside Intraday Target	1.99
Upside Intraday Target	1.83

Weekly technical analysis of Opto Circuit (OptoCircuit)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon May 2022	1.78	1.94	1.94	1.78	5.566 times
16 Mon May 2022	1.87	1.87	1.87	1.87	0.545 times
09 Mon May 2022	1.96	2.04	2.04	1.96	0.615 times
02 Mon May 2022	2.06	2.05	2.13	2.03	0.645 times
25 Mon Apr 2022	2.13	2.15	2.25	2.13	0.933 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Opto Circuit (OptoCircuit)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Mon May 2022	1.78	2.05	2.13	1.78	0.266 times
25 Mon Apr 2022	2.13	2.16	2.40	2.11	0.811 times
28 Mon Mar 2022	2.21	2.53	2.53	2.21	0.81 times
28 Mon Feb 2022	2.66	3.27	3.28	2.66	0.295 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Opto Circuit (OptoCircuit)

Price action analysis of Opto Circuit ( (OptoCircuit) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Opto Circuit ( (OptoCircuit) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Opto Circuit ( (OptoCircuit) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Opto Circuit stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Opto Circuit in short term and the sell signal is strong.

Opto Circuit Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Opto Circuit in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Opto Circuit is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.23 and Opto Circuit (OptoCircuit) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Opto Circuit (OptoCircuit) stock. Volume based technical analysis of Opto Circuit (OptoCircuit) stock is negative.

Opto Circuit Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.